Understanding Sunk Costs in Business Decisions

Posted by Jack Craven CPA on Tue , Oct 29 , 2019

One of the most difficult business decisions is to walk away from the money that you have already spent. These losses are called "sunk" costs. This can be extremely frustrating, but the only efficient way to move forward is by focusing on future costs rather than dwelling on past losses.

Read More

Topics: Profitability, Sunken Costs

Six Tips to Increase your Business's Cash Flow and Profitability

Posted by Jack Craven CPA on Wed , Oct 16 , 2019

Managing and running a business, whether it is small or large, is tough. Although each business is unique in its own way, here are six ideas to help your business increase its profitability and cash flow.

Read More

Topics: Media Industry, Profitability, Cash Flow